Shipyards
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DP World buys Drydocks World and Dubai Maritime City
Dubai Inc has moved to consolidate its top maritime brands, solving a multi-billion dollar restructuring riddle in the process. Global…
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Sasaki wins LPG pair
Toda Kisen, a small Japanese owner based on the island of Shikoku, has gone to compatriot yard Sasaki Shipbuilding for…
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Sembcorp Marine to build CGL carriers for SeaOne
Singapore shipbuilder Sembcorp Marine has sealed a letter of intent with Texas-headquartered SeaOne Caribbean for the design and construction of at…
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Nam Cheong offloads more property to reduce debt
Malaysian OSV shipbuilder Nam Cheong has reached a deal to sell its office unit located on Paya Lebar Road in Singapore…
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CDB terminates investment deal with Sany Marine Heavy Industry
China Development Bank (CDB), a major policy bank in China, has terminated an RMB160m ($24.4m) investment deal with Sany Marine…
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Toyota pushes Japanese lines to order up to 20 LNG-fuelled car carriers
Japan’s big three shipping lines are in negotiations with the country’s leading yards for a massive car carrier order. With…
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Hyundai Heavy Industries pushes through rotational leave system
South Korean shipbuilder Hyundai Heavy Industries (HHI) has pushed through a rotational leave system for five weeks from September 11…
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World’s first class approved 3D printed propeller produced
A prototype of the world’s first class approved ship’s propeller has been produced using 3D printing techniques. The 1,350 mm…
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Sembcorp Marine’s Brazil yard wins $145m contract
Sembcorp Marine’s wholly-owned Brazilian subsidiary, Estaleiro Jurong Aracruz, has secured hull carry over works (COW) worth about $145m from Tupi…
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Qingdao Yangfan employees protest against major shareholder
Over 300 employees of bankrupt Qingdao Yangfan Shipbuilding yesterday started a protest at the gate of the shipyard against Jianlong…
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Fire on tanker kills five workers at ASL Marine yard in Batam
Singapore’s ASL Marine Holdings says that a fire on a tanker at its shipyard in Batam, Indonesia on Thursday has…
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Fuchuan Investment orders SOV at Mawei Shipbuilding
Fujian Fuchuan Investment, the investment unit of Fujian Shipbuilding Industry, has placed an order at Fujian Mawei Shipbuilding for the…
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Desperate Nam Cheong chairman throws his own money into the pot
With the grim prospect of liquidation being banded around, leading Malaysian shipbuilder Nam Cheong’s executive chairman has stepped into the…
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Petrojet and Rosetti Marino in talks for a new shipyard in Alexandria
Italy’s Rosetti Marino shipyard and Egyptian state-run EPC contractor Petrojet are in advanced discussions with a view to launching a…
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MARAD awards $9.8m to small US shipyards
The US Maritime Administration (MARAD) announced it has awarded $9.8 million to 18 US shipyards through its Small Shipyard Grant…
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Triyards becomes latest Singapore offshore concern to enter restructuring
Triyards Holdings, part of Ezra Holdings, has become the latest name in Singapore offshore circles to enter restructuring. The offshore…
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Aegean enters dry bulk sector with kamsarmax order
Greece’s Aegean Shipping Management has signed shipbuilding contracts with Cosco Shipping Heavy Industry’s Zhoushan Shipyard for the construction of four …
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Thun Tankers declares option for fifth tanker at Avic Dingheng
Small product tanker specialist Thun Tankers, part of the Gothia Tanker Alliance network, has declared an option for a fifth…
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Samsung Heavy gears up for the smart ship era with Inmarsat
Inmarsat has signed a groundbreaking Memorandum of Understanding (MoU) with Samsung Heavy Industries (SHI), establishing a relationship to leverage the…
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Qingshan Shipyard to quit shipbuilding
Wuhan-based Qingshan Shipyard, an affiliate shipyard of Sinotrans & CSC, is going to quite the shipbuilding business as it looks…
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